How volatile has PWR's EPS been recently?
4/3/2025 01:12pm
Quanta Services' (PWR) EPS has shown volatility in the recent past, primarily due to the company's reported adjusted EPS figures for the fourth quarter of 2024.
1. **Comparison with Analyst Expectations**:
- The company's adjusted EPS for Q4 2024 was $2.94, which surpassed analysts' expectations of $2.62.
- However, another report indicates that the company's adjusted EPS for the same period was $2.04, which was slightly better than the $1.93 analysts were looking for.
2. **Market Reaction**:
- Despite the positive earnings surprise, the company's stock experienced a dip, which may reflect market volatility or other factors influencing investor sentiment.
- Quanta Services' stock rose by 10% after the company announced that its adjusted EPS had beaten expectations.
3. **Future Outlook**:
- The company's future outlook appears positive, with projections of double-digit growth in revenues, net income, adjusted EBITDA, and earnings per share for 2025.
- Analysts have set a target price of $350 for Quanta Services, indicating confidence in the company's future performance.
In conclusion, while Quanta Services' EPS has shown volatility in the recent past, the company's positive earnings results and optimistic outlook for the future may contribute to a more stable EPS in the coming quarters.